How To Make Sure You’re On The Right Path To Financial Freedom This Year

It’s a brand new year and I’m sure one of your BIG resolutions or goals for the upcoming year is to make more money, yes or yes?

This is a great goal to have, but let me ask you…

Is that what you really want? To make more money?

Or would you rather be financially free?

I recently hosted a call where everyone participating had a traditional 9-to-5 job.

I’ve never had that before in a teaching situation. I’m normally involved with a lot of entrepreneurs. But on this call I hardly knew how to talk to them.

Can you guess what the most popular question was on the call? If you guessed, “How do I get rich?”, you are correct! I asked them flat out if that’s really what they wanted… and of course every single person replied with a big “YES.”

Then I said, “Okay, if you HAD to pick… would you rather be rich or would you rather be financially free?”

After a few seconds the responses started to fly in, and guess what? “Free” won by a landslide… it wasn’t even close!

I said, “Listen, the biggest mistake most people make is equating rich with free.”

Everybody I’ve ever talked to wants to be financially free. I’ve never talked to anybody that doesn’t want that.

But what you must understand is that you don’t need to be rich in order to be free.

If you set your sights on becoming rich, it is not necessarily true that you’ll become financially free. They’re not the same thing.

Watch this video to learn why:

You Don’t Need To Be Rich To Be Free

As I mentioned in the video above, here’s what 95% of people don’t understand:

If you want to go for what you want, go for it as directly as possible. Don’t beat around the bush.

A lot of people say, “Well, I’m going to do what I need to do to be rich and then the end result of that is I’m going to be financially free.”

Maybe yes, maybe no.

Believe it or not, there are a lot of rich people who aren’t free. They have to work their asses off to keep their wealth because they didn’t set it up properly — that is, they didn’t systemize their businesses to run without them needing to be there. They didn’t learn or model from others who have succeeded before them.

The road to financial freedom is different than the road to riches. They’re fundamentally different strategies.

First Free, Then Rich

So here’s how I would recommend going about this: First free, then rich.

It takes a lot less money and therefore less time to focus on your road to financial freedom than it does to focus on becoming rich.

If someone says, “I’m a millionaire,” I go, “Great, where do you live? Because where I live we barely can buy a house for $1 million.”

Rich is rich, but you can be free by earning, depending on your lifestyle, $65,000 a year. You can live a decent life, depending on what you’re doing and your wants and needs, especially if you have your mortgage paid and debt already handled.

It’s a whole different world to try and get to $20 million versus $65,000.

It is the biggest problem for most people who are confusing the two. They’re doing what it takes to get rich, which could take forever, in order to be free.

Your road to financial freedom can take a very, very short time… if you know what you’re doing. Just make sure you know the difference between being rich and being free.

Want to discover exactly how T. Harv Eker and others trained by him became financially free, and how you can become free, too?

SO JUST THE THING IS :” ITS EASIER TO BE , AND MENTALLY. EDUCATED TOO……….. FIRST FREE ….AND LITTLE BY LITTLE ,OR EVEN FASTER…..,WITH AN APPROPIET “SISTEM”……….BECOME EVEN RICH !! BUT THIS SHOULD BE THE BEST ORDER TO BE CHOOSEN…….!! CHRIS

Thanks for your comment. I think that’s the common misconception that once you get rich you’ll be free. Rich does not equal free. Many people get rich and have to continue to work extremely hard and long to keep up that lifestyle.

It usually takes much less money to get free first. Of course, you can do whatever you choose but getting rich can take longer and be harder than becoming free if you don’t know what you are doing.

I believe that being “free” financially it’s almost the same thing as being rich. The $65k means a lot in a very poor part of the world or nothing in a very expansive world. However making those same $65k is direct proportional with it. Where you make more it’ll cost more to leave and maintain it. You wouldn’t want to cash out in an expansive place and go where is cheap… to be “free”. Happiness can be a better word, doing something it’s healthy, where you keep taking and never put equal or more back, one day it’s finished. Nothing lasts forever…

Hello,
I suppose you could say I am free, as I have no debt. But not so free as I do not have a steady flow of money coming in, And for my personality type, lack of a steady stream is very stressful.
However, I feel stuck as I feel I do not know how I can do/act to get where I want.
I need guidance as to how to set my financial life into motion.
Thank you.

Thanks for your lessons.meanwhile I have trying to firstly be Financially free with difficulties,hope to set goals(short,middle and long term goals with much little effort due to seasonal work being experienced!So,what should I do in order to maintain my track record of becoming Financially free and later becoming rich afterwards!Please advise and give me direction’s in achieving it.Thanks.

I totally understand the difference. I don;t need to be rich (immediately anyway), and as I’m in my 60s there is not the time young people have to build it up. I so want to be FREE so I can enjoy what’s left of my life. At present, I work hard at a survival job that barely supports me. I lost my last career job several years back and as a sixtysomething no one will hire me for a decent job anymore.

So I have no choice: I have to work for myself. I have no money to train with anyone, so there’s really no way out.

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